Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Price Target Raised to C$25.25

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) had its price target lifted by Raymond James Financial from C$25.00 to C$25.25 in a research report released on Wednesday,BayStreet reports. The brokerage currently has a strong-buy rating on the stock.

Flagship Communities Real Estate Investment Trust Stock Up 2.0%

MHC.UN stock opened at C$30.00 on Wednesday. Flagship Communities Real Estate Investment Trust has a twelve month low of C$24.58 and a twelve month high of C$32.50. The firm has a market cap of C$582.06 million, a price-to-earnings ratio of 6.03 and a beta of 0.36. The business’s fifty day simple moving average is C$29.88 and its two-hundred day simple moving average is C$28.57.

Flagship Communities Real Estate Investment Trust Company Profile

Flagship Communities Real Estate Investment Trust is a leading operator of affordable residential MHCs primarily serving working families seeking affordable home ownership. The REIT owns and operates exceptional residential living experiences and investment opportunities in family-oriented communities in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, West Virginia, and Illinois.